ECB governing council

Solid Day for the Dollar But Stocks Struggle in Several Markets

February 20, 2020

The euro slid overnight to a 1-year low of $1.0777, and the dollar also hit a 42-week high against the yen of 112.18 and to close to an 11-year peak of 0.6617 per Australian dollar. Sterling fell to $1.2849, a quarterly low, and the yuan weakened 0.4% and past the 7.000 per dollar threshold. The […] More

ECB Seeks More Information before Taking Any Action

February 6, 2014

The European Central Bank Governing Council did not ease policy as some market players were expecting and others hoping.  It did not back away from its macroeconomic outlook and its forward guidance. Officials expect “a prolonged period of low inflation, to be followed by a gradual upward movement towards inflation rates below, but close to, […] More